The Miltonian
1287 Costigan Rd,
Milton, ON L9T 0Y9
1-2 Beds | $2,395 - $2,595
Rental Market Trends in Milton, ON
Updated July 2026
The average rent in Milton, ON is $1,817/month.
$1,817/month
Average Rent
604 Sq Ft
Average Size
+1.5%
Change / Year
231
Available Apartments
Milton rent varies by unit size and layout:
- Studio apartments in Milton average $1,441 per month.
- One-bedroom apartments in Milton average $1,817 per month.
- Two-bedroom apartments in Milton average $2,284 per month.
- Three-bedroom apartments in Milton average $1,887 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Milton, ON?
In the past year, rent has increased by 1.5%, which averages out to $27 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Milton, ON
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
14%
$1,001 - $1,500/month
29%
$1,501 - $2,000/month
57%
Above $2,000/month
Rent by Neighbourhood
What are the most affordable neighbourhoods in Milton?
Based on current rent prices, Milton/Halton Hills is the most affordable neighbourhood in Milton.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in Milton?
Based on current rent prices, Milton/Halton Hills is the most expensive neighbourhood in Milton.
Neighbourhood
Average Rent
Average Sq Ft
Which Milton neighbourhoods have the most rentals available?
The neighbourhood in Milton with the most apartments available is Milton/Halton Hills .
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Milton, ON?
Because the average rent in Milton is $1,817, you’ll want to make about $6,056 per month or $72,672 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Milton, ON compare to other nearby cities and neighbourhoods?
Use the tool below to compare Milton, ON to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Milton Area GuideStudio
$1,453/month
$1,453/month
One Bedroom
$1,890/month
$1,890/month
Two Bedroom
$2,255/month
$2,255/month
Three Bedroom
$2,210/month
$2,210/month
Apartment Communities in Milton We Think You'll Love
Frequently Asked Questions
What is the average rent in Milton?
The average rent in Milton is $1,817 per month, which is 3.1% higher than the national average of $1,763.
What is the average rent for a house in Milton?
The average rent for a house in Milton, ON is $3,277 per month.
What is the average rent for a townhome in Milton?
The average rent for a townhome in Milton, ON is $2,689 per month.
Are rents going up or down in Milton?
Rents in Milton, ON are increasing, with prices up 1.5% year-over-year and $27 more per month.
What rent range is most common in Milton?
In Milton, ON, 57% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.